212
212
Oct 29, 2012
10/12
by
CNNW
tv
eye 212
favorite 0
quote 0
irene, this was as high as irene got, and i think we'll get another couple of feet on top. >> another couple of feet on top of what we're experiencing now, again. water -- when you go down the street it's high thy-high already. >> all right. i'm curious how is he going to get those kids out, but we've run out of time, so maybe we'll get back to you, and maybe he can help us understand how he is moving the family out with that little boat. >> if are you trying to fly out of the northeast, are you probably out of luck. thousands of flights canceled because of the storm. we'll show you where. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. anncr: every president inherits few have faced so many. four years later... our enemies have been brought to justice. our heroes are coming home. assembly lines are humm
irene, this was as high as irene got, and i think we'll get another couple of feet on top. >> another couple of feet on top of what we're experiencing now, again. water -- when you go down the street it's high thy-high already. >> all right. i'm curious how is he going to get those kids out, but we've run out of time, so maybe we'll get back to you, and maybe he can help us understand how he is moving the family out with that little boat. >> if are you trying to fly out of the...
129
129
Oct 30, 2012
10/12
by
CNBC
tv
eye 129
favorite 0
quote 0
they had nothing since gloria and irene, now two times in nine years. there are customers without power on long island. it's an economic story and property story because people are losing fishing business. back to you. >> the markets have been closed for two days. they re-open for tomorrow. here's something i haven't been able to say for a while. we have or first move for tomorrow right after this. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's in
they had nothing since gloria and irene, now two times in nine years. there are customers without power on long island. it's an economic story and property story because people are losing fishing business. back to you. >> the markets have been closed for two days. they re-open for tomorrow. here's something i haven't been able to say for a while. we have or first move for tomorrow right after this. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you...
198
198
Oct 29, 2012
10/12
by
CNBC
tv
eye 198
favorite 0
quote 0
because of irene, are you even more prepared at this point, governor? >> well, we certainly have learned a lot with every storm. we have a great first responder emergency response community in our state. they've been preparing for many days. that being said, this is a significant one. we're seeing a lot of flooding already. we expect people will be without power for a long time. it's a slow moving storm. going to be several tidal cycles. significant impact throughout the state. >> compared to last year with both of those events that we had, you think there's going to be longer and more people without power? >> i do. i think the storm will be here longer for sure. it's slow moving. we expect more people without power. the utilities have been bringing people in from throughout the country so that's a positive. the challenge is that it's so long lasting, the winds are going to be so strong that it could be some period of time before the utilities can actually put people up in their bucket trucks to put poles back up. >> are the centers full near the coast?
because of irene, are you even more prepared at this point, governor? >> well, we certainly have learned a lot with every storm. we have a great first responder emergency response community in our state. they've been preparing for many days. that being said, this is a significant one. we're seeing a lot of flooding already. we expect people will be without power for a long time. it's a slow moving storm. going to be several tidal cycles. significant impact throughout the state. >>...
88
88
Oct 29, 2012
10/12
by
CNBC
tv
eye 88
favorite 0
quote 0
this is similar to what we saw with irene last year. there will probably be an upward shift in the national average in the days ahead. irene last year took a similar path, knocked out similar refineries. the national average ended up increasing about 8 cents per gallon. so while the drop in demand on east coast is pretty significant, we could be looking at some longer term problems with these refineries being offline. >> john, do you agree? >> yes, i do. i think it is all going to come down to power, power, power, whether or not the frefineries can get back online, but also whether the terminals are closed that receive imports, not to mention the colonial pipeline even though they have installed generation capacity up and down the line. that will need to get restored for this more rosy scenario we are counting on. >> john, aren't we just building up stockpiles today, tomorrow, maybe wednesday and thursday? >> i do, brian. but to the extent people get back on the road and back to work, we can rip through them. we'll need to see a for-sur
this is similar to what we saw with irene last year. there will probably be an upward shift in the national average in the days ahead. irene last year took a similar path, knocked out similar refineries. the national average ended up increasing about 8 cents per gallon. so while the drop in demand on east coast is pretty significant, we could be looking at some longer term problems with these refineries being offline. >> john, do you agree? >> yes, i do. i think it is all going to...
42
42
Oct 31, 2012
10/12
by
CNBC
tv
eye 42
favorite 0
quote 0
irene, a bit of a disappointment. this one was a little bit in the other direction. can you see that in the home repair stocks that i've been emphasizing. we've been talking about roofing as a major play for a week now. a lot of early players have had significant gains but today, look at these stocks moving 6% in a day. this is a real late investors in this game, roofing repair. but i think people underestimated. how about dredging and docking companies. great lakes. this is a very interesting play that not a lot of people talked about last week. there will be a big need to dredge out a lot of those harbors. armstrong another big play, they make flooring. overall you have a somewhat weak earnings picture. en certain election next week where mr. bernanke is very much a part of the play and now you have hurricane sandy ate my homework as a possible excuse for weaker fourth quarter earnings. >>> thank you very much, bob pisani. how is the first day of trading since hurricane sandy? let's ask managing director at lessard national markets. >> it is good to be back. two da
irene, a bit of a disappointment. this one was a little bit in the other direction. can you see that in the home repair stocks that i've been emphasizing. we've been talking about roofing as a major play for a week now. a lot of early players have had significant gains but today, look at these stocks moving 6% in a day. this is a real late investors in this game, roofing repair. but i think people underestimated. how about dredging and docking companies. great lakes. this is a very interesting...
24
24
Oct 26, 2012
10/12
by
CNBC
tv
eye 24
favorite 0
quote 0
irene last year, there are bridges out left and right still if you go north -- >> they flee when the dow goes down and if it rains, we flee. >> to them, they are ready to jump out the window. >> there's the potential for lost production but at the same time i would imagine people are staying home hunkering down and not driving cars so gasoline will drop. is that a counterweight there? >> that's the offset. you'll see arush to the pumps now as the news gets out but then everybody will cocoon and watch this thing play out, mostly on cnbc. >> you think there's a potential for spike in gasoline prices. >> yes, inventories are very tight. we can't afford to lose a refinery for a day or a week or two. we have no room for error. >> don't worry about it, 75-year-old energy infrastructure, we're fine. thank you, john. do you want to head your portfolio on alternative investment? check out these classic guitars that could give you rocking returns. next with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividen
irene last year, there are bridges out left and right still if you go north -- >> they flee when the dow goes down and if it rains, we flee. >> to them, they are ready to jump out the window. >> there's the potential for lost production but at the same time i would imagine people are staying home hunkering down and not driving cars so gasoline will drop. is that a counterweight there? >> that's the offset. you'll see arush to the pumps now as the news gets out but then...
155
155
Oct 30, 2012
10/12
by
FOXNEWS
tv
eye 155
favorite 0
quote 0
that is very similar to hurricane irene last year. >> greta: do you fly straight through it? i imagine it's a rough ride and when you get to the eye of the storm it's calm. is that not what happens? >> well, we fly at 10,000 feet, and the idea is to go right through the center of the hurricane so you can measure the core of the storm, and then also measure the winds on the periphery of the storm, so it normally gets very rough right near the center and then typically out away from the center when the winds lighten up, it's not so bad any more, and in this case, for hurricane irene, at least on friday, the strong winds were well out from the center, and we had some really nasty stuff to go through on the north side of the storm, probably 105, 110 miles north of the center. >> greta: what kind of aircraft do you fly through that? >> we use a wc-130j. ourselves and noaa, they use p3-orion, so they're turbo prop type aircraft. a lot of people ask us why don't you use jets? typically jets tend to fly a little bit too fast, and we want to go slow to reduce the majority of the turbu
that is very similar to hurricane irene last year. >> greta: do you fly straight through it? i imagine it's a rough ride and when you get to the eye of the storm it's calm. is that not what happens? >> well, we fly at 10,000 feet, and the idea is to go right through the center of the hurricane so you can measure the core of the storm, and then also measure the winds on the periphery of the storm, so it normally gets very rough right near the center and then typically out away from...
170
170
Oct 30, 2012
10/12
by
FOXNEWS
tv
eye 170
favorite 0
quote 0
i mean, twhapd during irene? >> caller: well, i have to tell you, i was here personally, the same way. and probably, it was exactly the same scenario. i think most people are heeding the warning and are staying home and staying put. and that's allowing them to stay safe and not, you know, causing the unnecessary injury or illness from occurring. >> yeah. similarity. so, so far, so good, right? >> caller: so far, so good. we are keeping our fingers crossed. like i said, we have extra staff on board tonight. everybody's bunking out at the hospital. we are waiting to see, you know, if we are needed. >> doctor, this is heather, i did want to ask you a question. i know you don't want to talk specifically about the situation right now at the new york medical center where they are evacuating people. but what happens when have you patients who are on ventilators? they have at least four infants on ventilator there is. they are having to evacuate them and take them out of the hospital, carry patients down the stairwells.
i mean, twhapd during irene? >> caller: well, i have to tell you, i was here personally, the same way. and probably, it was exactly the same scenario. i think most people are heeding the warning and are staying home and staying put. and that's allowing them to stay safe and not, you know, causing the unnecessary injury or illness from occurring. >> yeah. similarity. so, so far, so good, right? >> caller: so far, so good. we are keeping our fingers crossed. like i said, we have...
163
163
Oct 29, 2012
10/12
by
MSNBC
tv
eye 163
favorite 0
quote 0
just for a perspective historical sense, we had our water rise with irene at 4.4 feet. this is already a foot higher, and it will get a lot higher, too. once that center moves inland, we will start to see a southerly wind and bring more water up into this region. so once -- just because the center has come onshore doesn't mean it's over. we have a lot of onshore flow on long island and jersey coast. 4 to 8 feet on the coast, long island sound, 6 to 11 feet, that includes places around that. farther to the northeast, 3 to 6 feet and 2 to 4 feet farther north along the coast of massachusetts. this is unincredible storm many of us have he never seen the likes of. back to you, guys. >> sandy is already having an impact on the presidential race. early voting has been canceled in some places. the president and mitt romney are off the stump. which candidate could benefit from the storm? why i say maryland is a good example why mother nature might matter next tuesday. that's next. [ male announcer ] humana and walmart have teamed up to bring you a low-priced medicare prescripti
just for a perspective historical sense, we had our water rise with irene at 4.4 feet. this is already a foot higher, and it will get a lot higher, too. once that center moves inland, we will start to see a southerly wind and bring more water up into this region. so once -- just because the center has come onshore doesn't mean it's over. we have a lot of onshore flow on long island and jersey coast. 4 to 8 feet on the coast, long island sound, 6 to 11 feet, that includes places around that....
183
183
Oct 29, 2012
10/12
by
CNBC
tv
eye 183
favorite 0
quote 0
irene cost an estimated $300 million. i talked with one analyst today who said take irene, add another 50%. that's an idea of what sandy might cost the airlines. guys, back to you. >> phil, thank you. phil lebeau in atlanta for us. >>> let's look at some of the non-storm related stories that have crossed the tape today. ford has dropped to next to last among 28 car brands in the "consumer reports" 2012 reliability survey. toyota toyota's, lexus and toyota brands took the top spot. >>> early earnings release for anadarko petroleum reporting third quarter profit of 84 cents a share. that was eight cents higher than estimates. anadarko had been zuscheduled t release earnings after the now-non-existent bell today. >>> ebay has told workers some jobs are being eliminated. they'll take a $15 million charge related to those cuts. >>> take a look at this home video just in to us from city island, new york. it is a small island in new york city proper. it is just off the bronx. you can see the water pummelling that house that's to
irene cost an estimated $300 million. i talked with one analyst today who said take irene, add another 50%. that's an idea of what sandy might cost the airlines. guys, back to you. >> phil, thank you. phil lebeau in atlanta for us. >>> let's look at some of the non-storm related stories that have crossed the tape today. ford has dropped to next to last among 28 car brands in the "consumer reports" 2012 reliability survey. toyota toyota's, lexus and toyota brands took...
219
219
Oct 29, 2012
10/12
by
FOXNEWS
tv
eye 219
favorite 0
quote 0
during hurricane irene, when irene came and barreled through the northeast last year, there were points on the island where the atlantic ocean, touching the day. what they have done, is they have closed the bridge here for any incoming traffic unless you are a first responder person or a member of the media. martha: we are hearing that people have pretty much cleared out. anyone who doesn't heed those warnings -- we do see some people out on the boardwalk there. >> yes, in fact, yesterday, they were picking up people, sending them to shelters. if you take a look at the boardwalk over here, there are quite a few people. it is not just the media. what we are worried about is the storm surge and 20-foot waves on top of that lambing into these hotels. some people are asking us questions, saying that we really don't understand what is going on. please, explain all of us. this is something that is an unprecedented storm they are dealing with, and something that should be taken seriously. martha: seriously, the 11-foot storm surge and waves on top of that -- you were talking about the second s
during hurricane irene, when irene came and barreled through the northeast last year, there were points on the island where the atlantic ocean, touching the day. what they have done, is they have closed the bridge here for any incoming traffic unless you are a first responder person or a member of the media. martha: we are hearing that people have pretty much cleared out. anyone who doesn't heed those warnings -- we do see some people out on the boardwalk there. >> yes, in fact,...
81
81
Oct 31, 2012
10/12
by
CNBC
tv
eye 81
favorite 0
quote 0
in five years, we have an event like a hurricane sandy, hurricane irene, are we going to talk about closing the stock exchange in five years, ten years from now. are the systems going to be that good. >> let's hope we don't go through this again. it's going to become more virtual over time. it seems to be going that way now. if everybody had been ready to recode and go without a physical trading floor, they could have done it. but i think with night trading in everybody's mind, what happened there, i don't think anybody wanted to take a chance and do something without adequate testing. i think that was a big part of the slowdown and the reluctance to go back. >> i understand the reluctance to not go ahead if you haven't tested it. but i'm curious, do you think the stock exchange deserves criticism for not making sure the tests were done prior to an event like this. >> i don't think it's their fault at all. i don't think it's up to tem -- it's not their job to make other people have the systems running without the new york stock exchange. i don't think it's their fault at all. they did every
in five years, we have an event like a hurricane sandy, hurricane irene, are we going to talk about closing the stock exchange in five years, ten years from now. are the systems going to be that good. >> let's hope we don't go through this again. it's going to become more virtual over time. it seems to be going that way now. if everybody had been ready to recode and go without a physical trading floor, they could have done it. but i think with night trading in everybody's mind, what...
81
81
Oct 26, 2012
10/12
by
FBC
tv
eye 81
favorite 0
quote 0
it is important, irene was an economic impact of $4.3 billion. predictions for sandy to be $1 billion. that is an understatement of the storm is bigger and worse as noaa is indicating that hurricane irene. the edison electric institute is telling people in the area that could be hit by the storm, delaware to new england be prepared for power outages of as much as 7 to ten days. west virginia expected to get two feet of snow from the storm. parts of pennsylvania and ohio up to eight inches of snow. cheryl: adam shapiro tracking the storm. for more on sandy, continuity dynamics' president ralph petty. you advise businesses on how to prepare for these storms. what are you telling your clients? >> just keep an eye on things and don't overreact. we have 48 to 72 hours to track the storm and when they make a decision make it with the best information. cheryl: they have to be concerned. one thing you point out is they look at the supply chain and got to be prepared if their business is shutdown and manage their employees. what do you say to that? >> exp
it is important, irene was an economic impact of $4.3 billion. predictions for sandy to be $1 billion. that is an understatement of the storm is bigger and worse as noaa is indicating that hurricane irene. the edison electric institute is telling people in the area that could be hit by the storm, delaware to new england be prepared for power outages of as much as 7 to ten days. west virginia expected to get two feet of snow from the storm. parts of pennsylvania and ohio up to eight inches of...
95
95
Oct 31, 2012
10/12
by
CNBC
tv
eye 95
favorite 0
quote 0
we have seen it happen after the hurricane irene. the question is what kind of a backlash utilities will face to their storm restoration efforts. they're trying their best but it will take many days before the power service is restored. and that usually triggers a lot of regulatory scrutiny and that is not good news for utilities. >> as you look at the president's helicopter fleet there touring atlantic city, are any single companies of those you follow here more at risk to really devastating hits on their balance sheets or not? can you handicap it in any way for us? >> well, ouriously obviously ns the hardest hit area. 50% of households currently in new jersey are without power. coastal communities in new jersey and on long island should have the highest impact. so percentage, jcp and l, lipa on long island will have the highest impacts. we will be following especially jcp&l and the connecticut utility given the fact that their storm response after hurricane irene was the really harshly criticized by regulators and they really canno
we have seen it happen after the hurricane irene. the question is what kind of a backlash utilities will face to their storm restoration efforts. they're trying their best but it will take many days before the power service is restored. and that usually triggers a lot of regulatory scrutiny and that is not good news for utilities. >> as you look at the president's helicopter fleet there touring atlantic city, are any single companies of those you follow here more at risk to really...
318
318
Oct 29, 2012
10/12
by
CNBC
tv
eye 318
favorite 0
quote 0
>> certainly looks to be a more powerful storm than irene was last year. as we recall, it was a little over $5 billion for our industry for that particular storm. certainly that was just the property and casualty side, not the flooding, so we expect that this will be at least of that magnitude, although we don't know for sure until there's been some real estimates, and it takes usually a couple of weeks for us to get any real hard numbers that we can track. >> don griffin, thanks for your thoughts tonight, appreciate it. >> thank you. a lot of the focus today has been on new york city because it is the financial center of the country, but clearly points further south and soon to the north are in trouble as well. hampton pearson is live in washington where federal workers will get another day off tomorrow. hampton? >> reporter: hi, michelle. more about that in a moment. we did get word late this afternoon that treasury secretary the guy anyner had a meeting with the financial security oversight council about financial markets, hurricane sandy approaching an
>> certainly looks to be a more powerful storm than irene was last year. as we recall, it was a little over $5 billion for our industry for that particular storm. certainly that was just the property and casualty side, not the flooding, so we expect that this will be at least of that magnitude, although we don't know for sure until there's been some real estimates, and it takes usually a couple of weeks for us to get any real hard numbers that we can track. >> don griffin, thanks...
259
259
Oct 3, 2012
10/12
by
CNBC
tv
eye 259
favorite 0
quote 0
you know what it is, irene? >> no, i don't. >> ritz, which was unbelievable that -- it's a great brand name and, you know, we're putting on the ritz and things like that, i didn't know. you've got ritz and then oreos, that's got to be the best cookie. >> look, we have an incredible stable, ritz, oreos -- >> what do you use ritz for? i thought doritos and tostitos, but what? for cheese and crackers? maybe the ritz pieces with the peanut butter on the inside. >> that's good. >> yeah, maybe that's -- yeah, we're big fans here. in fact, i'm looking around here and we're done at 9:00, it's probably -- you can't get it over here that quickly here, probably. but next time. >> we'll get you some. >> and, irene, i just wanted to get your thoughts on the different models that people are approaching, the snack business with. you know, in 18 months from now, after now that you've done the spin, there's been some talk that ultimately either business could become an acquisition target. how do you think about the different str
you know what it is, irene? >> no, i don't. >> ritz, which was unbelievable that -- it's a great brand name and, you know, we're putting on the ritz and things like that, i didn't know. you've got ritz and then oreos, that's got to be the best cookie. >> look, we have an incredible stable, ritz, oreos -- >> what do you use ritz for? i thought doritos and tostitos, but what? for cheese and crackers? maybe the ritz pieces with the peanut butter on the inside. >>...
210
210
Oct 30, 2012
10/12
by
CNBC
tv
eye 210
favorite 0
quote 0
i don't remember the figures with irene. i'd say this is more than irene but perhaps not as bad as we had feared. all the countings not done yet, but hopefully we've escaped the worst of it. >> the state offices were closed yesterday, they're closed again today. governor, you expect they'll be able to open and get back to business as normal tomorrow? >> i would hope so. we're going to announce at 8:30 what we're doing with driving restrictions and the like and if we're in a position to release some of the driving restrictions then i would hope certainly people could be back, the state employees could be back tomorrow. we'll have more to announce about that later today. >> when we spoke with you yesterday the president had not yet declared a state of emergency in delaware. i believe that has changed since then in. >> he did, fema and the white house have been terrific to work with, very grateful to them. you know the way it works is they embed themselves, we have fema people at our emergency management agency to make it as se
i don't remember the figures with irene. i'd say this is more than irene but perhaps not as bad as we had feared. all the countings not done yet, but hopefully we've escaped the worst of it. >> the state offices were closed yesterday, they're closed again today. governor, you expect they'll be able to open and get back to business as normal tomorrow? >> i would hope so. we're going to announce at 8:30 what we're doing with driving restrictions and the like and if we're in a position...
203
203
Oct 31, 2012
10/12
by
CNBC
tv
eye 203
favorite 0
quote 0
just because of irene last year, it's a little bit of a blessing irene came through last year, probably not the way people felt at the time, but certainly now this port was ready for whatever this hurricane threw at us. >> i guess, you know, the media has done a lot with the bounty, it had to be an odd set of circumstances that brought about the sinking of this old ship that was used in filming of the movie. what can you tell us about what happened there. >> i'm afraid i can't tell you a whole lot about what happened there other than i know coast guard responded. that happened off the north carolina coast? >> yeah, it was moving somewhere, but to be caught up in just bizarre. sometimes the news is stranger than fiction. but yeah, i know apparently i just saw on the intro to you that the captain of that ship is, i guess, they're still searching for the body. i think most of the people were -- >> 16 of the 18 were found and rescued, one was brought in and i think had been in serious condition. they had not been able to resuscitate her last i'd heard. >> what's going on today, captain? wha
just because of irene last year, it's a little bit of a blessing irene came through last year, probably not the way people felt at the time, but certainly now this port was ready for whatever this hurricane threw at us. >> i guess, you know, the media has done a lot with the bounty, it had to be an odd set of circumstances that brought about the sinking of this old ship that was used in filming of the movie. what can you tell us about what happened there. >> i'm afraid i can't tell...
111
111
Oct 29, 2012
10/12
by
CNBC
tv
eye 111
favorite 0
quote 0
stock is up 40% after irene. you are right. in this type of market you go out and buying stuff you need. not stuff that would be nice to have. the retailers and malls typically doing poorly dhurg period of time. >> more on retailers later in the show. we want to talk about stock markets, hurricane sandy forcing the closure of the new york stock exchange today and tomorrow. the first two-day weather related closure since 1888. bob pisani, who is usually on the floor of the stock exchange, joins us here on set with more. now, the key here wednesday. wednesday is the big day. explain to use. >> important thing is the end of the month. normally, of course, may not be so important if it wasn't the end of the month. have you firms that mark portfolios to the end of the month. p&l determined you about the end of the month. have you some funds actually have their fiscal year closing at the end of the month. i think that all of that has a lot of pressure on the nysc. all of the major exchanges to actually open. knew understanding is the
stock is up 40% after irene. you are right. in this type of market you go out and buying stuff you need. not stuff that would be nice to have. the retailers and malls typically doing poorly dhurg period of time. >> more on retailers later in the show. we want to talk about stock markets, hurricane sandy forcing the closure of the new york stock exchange today and tomorrow. the first two-day weather related closure since 1888. bob pisani, who is usually on the floor of the stock exchange,...
129
129
Oct 29, 2012
10/12
by
MSNBC
tv
eye 129
favorite 0
quote 0
i was out on the beach with irene for over 12 hours and this is about when i felt it. this storm is still a couple hundred miles away and the winds are gusting over 50 miles per hour. the highest surge will come in at about later this evening and go through this evening we will see the surge 6 to 8 feet. look at the atlantic. it is just ramped up, 10 to 12 footers out there. this is low tide. normally on a typical day you would have 150 feet of beach. it's all gone. and as that next high tide comes in we're going to see the worst of the beach erosion, coastal damage. this whole beach area will be rearranged. so far no reports of any significant damage, but some of the areas south of here, the dunes have been eaten by the wave action and some of the local authorities think some of those homes are going to be hit and fall into the atlantic later on tonight. so, it's only going to get worse from here and inland when these winds crank up over 60 hils per hour, d.c., baltimore, philly away from the beaches this afternoon and tonight that's going to shut down power to millio
i was out on the beach with irene for over 12 hours and this is about when i felt it. this storm is still a couple hundred miles away and the winds are gusting over 50 miles per hour. the highest surge will come in at about later this evening and go through this evening we will see the surge 6 to 8 feet. look at the atlantic. it is just ramped up, 10 to 12 footers out there. this is low tide. normally on a typical day you would have 150 feet of beach. it's all gone. and as that next high tide...
308
308
Oct 29, 2012
10/12
by
CNBC
tv
eye 308
favorite 0
quote 0
it's already at irene levels. the question is going to be what level does the surge take us to later on this afternoon, later this evening when it is actually high tide. and if there's a possible area of concern, that is it. that's what we're monitoring closely now. as an added precaution today, we are announcing that we are going to close the holland tunnel and the brooklyn battery tunnel now renamed u.l. carry tunnel at 2:00 today. those tunnels are prone to flood and as a precaution, we are going to be closing those tunnels at 2:00 today. the bridges at this point will remain open. they close at 60-mile-per-hour winds. weather forecast suggests gusts up to 90 miles an hour. people should keep an eye on that. the situation may be updating as we go throughout the day. we will also be calling up an additional 1,000 national guards people. general murphy is in charge of that. we called up 1,000 yesterday. we're going to call up an additional 1,000 to make sure we have all of the resources that we need to deal with
it's already at irene levels. the question is going to be what level does the surge take us to later on this afternoon, later this evening when it is actually high tide. and if there's a possible area of concern, that is it. that's what we're monitoring closely now. as an added precaution today, we are announcing that we are going to close the holland tunnel and the brooklyn battery tunnel now renamed u.l. carry tunnel at 2:00 today. those tunnels are prone to flood and as a precaution, we are...
216
216
Oct 25, 2012
10/12
by
CNBC
tv
eye 216
favorite 0
quote 0
sandy is -- maybe it's not irene, but it's also wreaking havoc. florida looks to be out of harm's way for the most part. we'll see. >> you already had to cancel flights because of what's going on in the caribbean. >> we've done the same. obviously, let people know ahead of time. get people out of harm's way. we're prepared for next week. you assume the worst and see what happens. >> you know, between that as we watch the possible track of sandy, what happens with fuel prices, the state of the economy, the fiscal cliff, what a crazy business you're in. >> i'll tell you, bill, i think it's why i love the business so much. i mean that sincerely. there are so many variables when you look at running an airline. so not the least of which is you talk about just market caps of airlines. when you aggregate market caps, there are many individual companies worth much more than the airline industry in the united states. but these variables, mother nature, technology, cultural differences, capital. i mean, hey, listen, you better love it, otherwise get out of
sandy is -- maybe it's not irene, but it's also wreaking havoc. florida looks to be out of harm's way for the most part. we'll see. >> you already had to cancel flights because of what's going on in the caribbean. >> we've done the same. obviously, let people know ahead of time. get people out of harm's way. we're prepared for next week. you assume the worst and see what happens. >> you know, between that as we watch the possible track of sandy, what happens with fuel prices,...
218
218
Oct 29, 2012
10/12
by
CNBC
tv
eye 218
favorite 0
quote 0
a move they did not make during hurricane irene. >> sifma recommends closing u.s. government securities trading in tokyo and london as well. joining us on the phone to talk about that and more is sifma president and ceo, tim ryan. thanks for joining us here. >> thanks for being there. actually, both you, bill, and maria. >> your feeling is if they don't trade in new york, they shouldn't trade dollar-denominated currencies around the world. >> our recommendation was to close early today at noon. we chose to do it at noon principally because there were treasury auctions scheduled today. we wanted to get those finished. we recommended a close tomorrow. >> what about this cme report just moments ago that says overnight trading will happen at 7 p.m. tonight. how does that play into everything? i guess we want your take on the overall impact of a full market shutdown, like we're seeing, and what you're recommendation. >> well, remember, we recommend to our member firms, so they'll make the decision on cme on their own. typically when we make a recommendation because it's
a move they did not make during hurricane irene. >> sifma recommends closing u.s. government securities trading in tokyo and london as well. joining us on the phone to talk about that and more is sifma president and ceo, tim ryan. thanks for joining us here. >> thanks for being there. actually, both you, bill, and maria. >> your feeling is if they don't trade in new york, they shouldn't trade dollar-denominated currencies around the world. >> our recommendation was to...
252
252
Oct 30, 2012
10/12
by
CNBC
tv
eye 252
favorite 0
quote 0
put irene at another end. that was a $13 billion event. i've seen 30 to 50. it feels, especially after you see that aerial video of what happens on the shores of new jersey, like it may be more along the 30 to 50 range when you talk about total property damage and you talk also about lost business activity. it was down in wall street. >> especially at a time when the economy was -- there was a sense it was starting to slow down again. we haven't had the strongest economy anyway. are we more vulnerable to this? >> i don't want to say there's an up side to this, but you could have a situation where some of the construction and some of the rebuilding happens in the same quarter where you had the business loss, so you have a really net no change to gdp. if there are major construction projects undertaken -- for example, let's say they decide the biggest financial center in the world should not be a foot over sea level, that's a major investment that could have a positive back on gdp. >> that's a great point, steve. as far as the idea that we have this last day of
put irene at another end. that was a $13 billion event. i've seen 30 to 50. it feels, especially after you see that aerial video of what happens on the shores of new jersey, like it may be more along the 30 to 50 range when you talk about total property damage and you talk also about lost business activity. it was down in wall street. >> especially at a time when the economy was -- there was a sense it was starting to slow down again. we haven't had the strongest economy anyway. are we...
159
159
Oct 30, 2012
10/12
by
MSNBC
tv
eye 159
favorite 0
quote 0
. >> during hurricane irene restoration took eight days. for hurricane sandy the full restoration may, in fact, take longer. >> to give you a sense of the impact, check out this comparison of what the normal manhattan skyline liked light lack night. how to do it tom cune, the president of the institute. one of the most jarring images is video that made the rounds online about power stations at 14th streit and fdr highway exploding and lighting up the sky in this explosion. all of the lights around it going out. i like at that. i used to live icouple of blocks from there. i know power is still out in my neighborhood. i say that means we're kind of screws for a long time here. is that what that picture suggests to you? >> well, the picture might suggest that. that particular incident wasn't as serious as some of the other situations they have in lower manhattan, which is that water has gotten into the underground equipment. you have to clean out the equipment and get the water out. it's a very, very difficult task. we're facing so many disast
. >> during hurricane irene restoration took eight days. for hurricane sandy the full restoration may, in fact, take longer. >> to give you a sense of the impact, check out this comparison of what the normal manhattan skyline liked light lack night. how to do it tom cune, the president of the institute. one of the most jarring images is video that made the rounds online about power stations at 14th streit and fdr highway exploding and lighting up the sky in this explosion. all of...
93
93
Oct 30, 2012
10/12
by
CNBC
tv
eye 93
favorite 0
quote 0
property will be $50 billion approaching $100 billion based on what we've seep still in the aftermath of irene last year and katrina, rita and prior years, five years and 50 days ago. >> sue, burt, thank you very much. we have some fresh video we want to show you right now. thank you very much. >> indeed. some breaking news. and this just came into us. it's the first aerial pictures that we have. this is in from we believe the atlantic city, new jersey, region. it was video taken from a helicopter and if you look at that flooding, it shows you just how widespread the flooding is in that part of the garden state which, of course, was one of the hardest hit states and especially, ty, as you were mentioning yesterday and we were talking about, that south central part and the storm surge was unbelievable. in some cases, up to 14 feet. as you can see there are some buildings that are partially submerged at this point. and that looks like parked next a harbor, we are just seeing this now, as you guys are certainly at home. look at the boats piled up. >> that maybe the marina right around where the b
property will be $50 billion approaching $100 billion based on what we've seep still in the aftermath of irene last year and katrina, rita and prior years, five years and 50 days ago. >> sue, burt, thank you very much. we have some fresh video we want to show you right now. thank you very much. >> indeed. some breaking news. and this just came into us. it's the first aerial pictures that we have. this is in from we believe the atlantic city, new jersey, region. it was video taken...
140
140
Oct 30, 2012
10/12
by
FOXNEWS
tv
eye 140
favorite 0
quote 0
it makes irene look like nothing. there it was some 10,000 flights cancelled then. it cost delta for example 15 million in profits back then. that gives you an idea what the airlines are going to be looking at with this storm. >> bill: we don't -- >> shepard: we don't know when laguardia is going to reopen. estimates how much this could hurt the economy. one thing is perfectly clear the impact will be substantial. >> yeah. here is what i think we are looking at 1-2 punch. first of all we have people staying home at work not getting paychecks. we have businesses that aren't operating here in new york city which is typically a 4 billion-dollar a day economy. could shave a tenth off of national g.d.p. but then we have all these federal dollars come in longer term we will see some kind of benefit from that it's going to take a while for it to play out. $20 billion the colmes of this storm. >> shepard: construction workers and on and on. there may be a dip in unemployment as a result of this. markets were closed for the second time. try tomorrow. there is no power downto
it makes irene look like nothing. there it was some 10,000 flights cancelled then. it cost delta for example 15 million in profits back then. that gives you an idea what the airlines are going to be looking at with this storm. >> bill: we don't -- >> shepard: we don't know when laguardia is going to reopen. estimates how much this could hurt the economy. one thing is perfectly clear the impact will be substantial. >> yeah. here is what i think we are looking at 1-2 punch....
202
202
Oct 30, 2012
10/12
by
CNNW
tv
eye 202
favorite 0
quote 0
they were fine during irene. i want. i live across the river. they were -- they say they're fine but i said get observe here, i'll take you home. >> any word on when they will come out? are officials going for them in boats or trucks? do you know when they're going to arrive? >> looks staggered. i got one aunt and took her to a cousin's house. yeah, go outside, flag someone down. >> right. it's hard to get information. best of luck. this is the case. officials are doing the best they can but it's hard to keep tabs who is here, who is not. we see cars streaming in all the time as people go in. water here. there are towels, dry clothes. people are coming off trucks and boats with just the clothes on their back, maybe a small bag, some have no shoes. trying to get them as much as they need. officials on the teeterboro airport came over looking for someone saying we've got supplies, we want to help you out and give you supplies. imagine officials more than happy to hear that. but these residents are absolutely shocked. not expecting this. this was n
they were fine during irene. i want. i live across the river. they were -- they say they're fine but i said get observe here, i'll take you home. >> any word on when they will come out? are officials going for them in boats or trucks? do you know when they're going to arrive? >> looks staggered. i got one aunt and took her to a cousin's house. yeah, go outside, flag someone down. >> right. it's hard to get information. best of luck. this is the case. officials are doing the...
120
120
Oct 30, 2012
10/12
by
FBC
tv
eye 120
favorite 0
quote 0
operations, a person by the name of john, said the previous record for outage was 200,000 by hurricane irene 2011 quote the largest storm related outage in our history and again, 1.2 million, pl and without electricity at this hour and we're going to keep following this for you, they had 25,000 power crews on stand by that they brought in according to pepco, the utility in washington d.c. and 25,000 men and women additional force flown in from mexico, canada, and washington state poise today dispatch the crews. charles: it's a herculean effort or a herculean task. a lot of people without power, thanks, adam. >> you've got it. charles: joining us a spokeman for con-ed, the utility company in new york city, alfonso, can you fill us in on how things are looking. >> sure thing. the updated number for people in new york city and westchester county and that number is actually 729,000 customers out throughout new york city and westchester county and we're looking at about, in manhattan, where the bulk of them are at at this point, 240,000 customers out. charles: alfonso, how does con edison assess
operations, a person by the name of john, said the previous record for outage was 200,000 by hurricane irene 2011 quote the largest storm related outage in our history and again, 1.2 million, pl and without electricity at this hour and we're going to keep following this for you, they had 25,000 power crews on stand by that they brought in according to pepco, the utility in washington d.c. and 25,000 men and women additional force flown in from mexico, canada, and washington state poise today...
205
205
Oct 31, 2012
10/12
by
CNBC
tv
eye 205
favorite 0
quote 0
you look at hurricane irene, tropical storm irene, the cost to state and local governments of new york was $1.2 billion. that was for recovery and cleanup. clearly this is going to be an economic hit on us. dimensions of which we just don't know yet. >> it's interesting how it impacted with mta shut down and people unable to get into manhattan for example. lower manhattan almost deserted. certainly very few businesses operating and few businesses operating at night. how does that work its way through the economy? >> very significantly. we take for granted the extensive public transportation system we have in the new york city metropolitan area. it's the life blood to our economy. when that life blood is not pumping, it will have a serious impact. it's not just how soon will trains be running but will be repair costs? they will be significant. mta had its own financing troubles particularly with regard to that capital program. they obviously weren't anticipating the kind of damage that this storm has brought. a long-term where we're at with financing for the mta is a very unclear pictur
you look at hurricane irene, tropical storm irene, the cost to state and local governments of new york was $1.2 billion. that was for recovery and cleanup. clearly this is going to be an economic hit on us. dimensions of which we just don't know yet. >> it's interesting how it impacted with mta shut down and people unable to get into manhattan for example. lower manhattan almost deserted. certainly very few businesses operating and few businesses operating at night. how does that work its...
325
325
Oct 2, 2012
10/12
by
CNBC
tv
eye 325
favorite 0
quote 0
irene rosenfeld will be joining us since her company left the dow. and jim grant. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. >>> the stock of the day, i like to call it the debacle dejour of the day, for your fyi. it is down now. i know debacle dejour is wrong now, i'm still going to say
irene rosenfeld will be joining us since her company left the dow. and jim grant. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to...
218
218
Oct 29, 2012
10/12
by
MSNBC
tv
eye 218
favorite 0
quote 0
this was the equivalent water level to irene, by the way. and the next high tide cycle is supposed to be the peak, about 12 hours from now, approximately 8:30 this evening is the key time for areas right around new york city. and if the subway is going to flood, that's when it's going to happen. and so we'll keep an eye on that for you later on this evening. but we made it through this one, at least. it's amazing, here we are, the end of october, and we have a hurricane that is now only 200 miles off the jersey shore. it's holding on to its hurricane characteristics. it hasn't even become a hybrid yet. it's been over the warm waters of the gulf stream the last 12 hours. and if anything, it intensified. now we expect it to slowly become that hybrid storm as it makes landfall. approximately 255 miles southeast of atlantic city, new jersey. that is the spot that i'm now pinpointing for landfall later on this evening. it's moving at 20 miles per hour. so it's flying. you can do the math yourself. we are about 12 hours away from landfall of sandy
this was the equivalent water level to irene, by the way. and the next high tide cycle is supposed to be the peak, about 12 hours from now, approximately 8:30 this evening is the key time for areas right around new york city. and if the subway is going to flood, that's when it's going to happen. and so we'll keep an eye on that for you later on this evening. but we made it through this one, at least. it's amazing, here we are, the end of october, and we have a hurricane that is now only 200...
271
271
Oct 31, 2012
10/12
by
FBC
tv
eye 271
favorite 0
quote 0
cheryl: irene was 5,000,000,006,000,000,000? ashley: no matter what work is given to recover, it will be more than offset by the business lost. gerri: i think we will have a lot of spending. keep in mind where that money will come from. it is just one big circle. one big cycle. more people will be working. they will be working to fix roads, bridges, homes, but it is our taxpayer dollars. ashley: gerri willis, thank you very much. don't miss "the willis report" tonight. cheryl: we are getting more breaking news. con ed announces they are aiming to restore power to lower manhattan. that should be by friday or saturday. power is basically out everywhere. they are hoping to get it completely restored by friday and saturday. this is issues with regards to manhattan. ashley: if they can get it back by thursday, that would be impressive no doubt. the twilight saga will continue. cheryl: as we do every day at this time, let's take a look at the ten and 30 year treasuries. we will be right back. ♪ ♪ >> i have here fox business brief.
cheryl: irene was 5,000,000,006,000,000,000? ashley: no matter what work is given to recover, it will be more than offset by the business lost. gerri: i think we will have a lot of spending. keep in mind where that money will come from. it is just one big circle. one big cycle. more people will be working. they will be working to fix roads, bridges, homes, but it is our taxpayer dollars. ashley: gerri willis, thank you very much. don't miss "the willis report" tonight. cheryl: we are...
249
249
Oct 26, 2012
10/12
by
MSNBCW
tv
eye 249
favorite 0
quote 0
this is going to be a big, broad storm kind of like irene. the strongest winds may be 100 to 150 miles north. southern jersey, delaware, maryland, the highest winds maybe up there in connecticut and new york city. it's a big, broad storm. that's the most important thing. and if you're north of that center, we have big issues and big concerns with storm surge and coastal flooding. that will probably be the epic ending to this storm. that's probably what everyone will remember is what happens to the beaches in new jersey, possibly connecticut, rhode island and long island if the storm does come ashore down there in southern jersey. all of these little lines are possible paths. we still haven't ruled out a direct impact into areas of new england either. there's still some questions to be answered. the bottom line is starting on sunday afternoon and evening, mid-atlantic and northeast, it's too late to prepare. you have today, you have tomorrow and then be prepared to stay in your house with your family and kids. most of monday and maybe even int
this is going to be a big, broad storm kind of like irene. the strongest winds may be 100 to 150 miles north. southern jersey, delaware, maryland, the highest winds maybe up there in connecticut and new york city. it's a big, broad storm. that's the most important thing. and if you're north of that center, we have big issues and big concerns with storm surge and coastal flooding. that will probably be the epic ending to this storm. that's probably what everyone will remember is what happens to...
178
178
Oct 30, 2012
10/12
by
MSNBCW
tv
eye 178
favorite 0
quote 0
compare that, that's 1 million more than we had in irene. >> wow. >> so it is -- it is a completely devastating storm from that perspective. and i think what we're going to find, unfortunately, when we get to the jersey shore today is just total devastation. >> yeah. >> and that's the real concern. because not only is it people's homes and private property, but also you have the tourism industry in new jersey which is one of our biggest industries. we're going to have to work hard to make sure we're ready for next summer at the jersey shore. >> governor chris christie, our prayers are with the state of new jersey this morning. thank you very much. >> thank you, governor, good luck. >> mika, joe, mike, willie, thank you all you guys, appreciate it. >>> coming up in minutes, author of the best-selling book "the perfect storm" and "war," we'll be right back. ♪ ♪ [ multiple sounds making melodic tune ] ♪ [ male announcer ] at northrop grumman, every innovation, every solution, comes together for a single purpose -- to make the world a safer place. that's the value of performance. northrop gru
compare that, that's 1 million more than we had in irene. >> wow. >> so it is -- it is a completely devastating storm from that perspective. and i think what we're going to find, unfortunately, when we get to the jersey shore today is just total devastation. >> yeah. >> and that's the real concern. because not only is it people's homes and private property, but also you have the tourism industry in new jersey which is one of our biggest industries. we're going to have to...